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Engineering Growth: Innovative Capacity and Development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2017
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...
Persistent link: https://www.econbiz.de/10011615894
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Books Go Public: The Consequences of the Expropriation of Monastic Libraries on Innovation
Buonanno, Paolo; Cinnirella, Francesco; Harka, Elona; … - 2024
monastic volumes. This information is then linked to newly digitized annual data on patents issued in Italy between 1863 and …
Persistent link: https://www.econbiz.de/10014534296
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Patent Boxes and the Success Rate of Applications
Davies, Ronald B.; Kogler, Dieter F.; Hynes, Ryan - 2020
reductions increase the number of patents. That said, not all patents are equally novel. In particular, the patent box encourages … the submission of patents of marginal novelty, a selection effect that would reduce the average success rates of patents …
Persistent link: https://www.econbiz.de/10012269445
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Synergizing Ventures
Akcigit, Ufuk; Dinlersoz, Emin M.; Greenwood, Jeremy; … - 2019
Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup’s likelihood of reaching the right tails of the firm size and...
Persistent link: https://www.econbiz.de/10012141061
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A Model of Patent Trolls
Choi, Jay Pil; Gerlach, Heiko - 2015
This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing entities (NPE). We show that when a NPE faces multiple potential infringers who use related technologies, it can gain a credible threat to litigate even when it has no such...
Persistent link: https://www.econbiz.de/10011388220
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Structural Transformation, Marketization, and Household Production around the World
Bridgman, Benjamin; Duernecker, Georg; Herrendorf, Berthold - 2015
We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly...
Persistent link: https://www.econbiz.de/10011388235
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A Theory of Patent Portfolios
Choi, Jay Pil; Gerlach, Heiko - 2013
This paper develops a theory of patent portfolios in which firms accumulate an enormous amount of related patents in …
Persistent link: https://www.econbiz.de/10010323020
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Patent Pools, Litigation and Innovation
Choi, Jay Pil; Gerlach, Heiko - 2013
-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … conclusion may not hold if we entertain the possibility that patents are probabilistic and can be invalidated in court. In such a … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …
Persistent link: https://www.econbiz.de/10010328766
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Economic Challenges in the Anthropocene
Musu, Ignazio - 2013
The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...
Persistent link: https://www.econbiz.de/10010328858
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Capital-Labor Substitution, Structural Change and the Labor Income Share
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - 2014
Long run economic growth goes along with structural change. Recent work has identified explanatory factors on the demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across sectors and differences in factor proportions and capital...
Persistent link: https://www.econbiz.de/10010333375